The company's purpose is to hold and manage properties. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate and intellectual property rights in Switzerland and abroad. In particular, it may provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its direct and indirect subsidiaries and third parties. It may also grant loans or other financing to companies directly or indirectly connected with it, against payment or free of charge, and provide securities of all kinds.